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of education creating and filling a new job and pays six figures. and washington correspondent byron york joins us and the reason is, this is probably after the sequestration. >> it is, it's the white house initiative on educational excellence for african-americans, it was created by executive order. >> greta: the president did it. >> he created it himself, by the president last year. it was placed in the education department, pay is about $124,000 a year and it's just been filled. >> greta: after march 1st? >> after march 1st and sequestration takes effect. what you have when you have the czars or coordinators or whatever you want to call them, it's an admission that the federal government has a lot of programs that are spending a lot of money that aren't well-coordinated and aren't working together well and the president feels he needs to appoint somebody to do that. right there it's kind of an admission the whole system is a little bloated. >> greta: after everything else is cut march 1st and when he created by executive order we knew sequestration was likely to happen within six or seven mo
to them. >> a lot to them if you're trying to piece together a college education, not large in terms of the big picture, but because of the sequester, the department of education said that these grants are cut and new grants are cut by 38% across the board. anytime a new grant if it was $5,000 before, it's about $2,000 less than that. >> greta: here is what i don't get. this is almost 40% cut. and 38% cut. explain if the sequester was 2.4% cut across the board, why are the young people taking it at 38%, this cut? how, i would think they would have 2.4%. two things going on the. one it's spread over a shorter period of time. we're halfway into the fiscal year so that 2.4% cut has to actually go into effect over a shorter period of time. >> greta: make it 4.8 or 4.8 then. >> the other thing, there are things in the sequester that are called off making sure the men and women in afghanistan and iraq themselves aren't in harm's way. and vast majority of military spending not cut. so when there are programs that are targeted they take the disproportionate chunk of the hit and that's the po
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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